Banks’ Exposure to NBFCs Surges 3.8 Times Since Early 2018; MFs Reduce Exposure by 31.4%
Finance
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Banks’ Exposure to NBFCs Surges 3.8 Times Since Early 2018; MFs Reduce Exposure by 31.4%

admin
December 5, 2023
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Bank lending to non-banking finance companies (NBFCs) has surged approximately 3.8 times in around five-and-a-half years, reaching Rs 14.8 lakh crore in October 2023, showcasing a 22.1% year-on-year growth. This significant expansion, representing a 279% increase since February 2018, highlights the robust progress of NBFCs in the post-pandemic period, as

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